VPS has seen an increase in the levels of shale oil components in marine fuels bunkered recently in Singapore. Although we have received no reports of problems, from vessels using these fuels, we do recommend caution as detailed below: Over the course of February and...

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Global transport fuel exports defined as gasoline, jet/kero and diesel fell by 1mbd y-o-y in March. This decline was driven primarily by lower liftings from the Middle East, where the ongoing conflict and reduced transits through the Straits of Hormuz curtailed flows....

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The seafarers are working on some 2,000 ships including oil and gas tankers, bulk carriers, cargo ships as well as six tourist cruise liners. The ships are trapped in the Persian Gulf and are unable to pass through the narrow strait owing to the ongoing war in the...

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